Assume You Are in the Business of Producing and Selling

question 30

Multiple Choice

Assume you are in the business of producing and selling t-shirts. If you could produce more t-shirts with the same input what would happen to your productivity and profits assuming the price of your t-shirts remains the same?

• A) Increase in productivity, decrease in profits
• B) Increase in productivity, increase in profits
• C) Decrease in productivity, decrease in profits
• D) Decrease in productivity, increase in profits

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Definitions:

Process Consultation

A form of organizational development in which an external consultant helps a client understand and improve internal processes.

Executive Coaching

A professional development process that helps executives, leaders, or business professionals improve their performance, overcome challenges, and achieve their career goals.

Role Negotiation

The process of discussing and agreeing on the expectations and responsibilities of a specific role within a group or organization.

Career Planning

The process of establishing career goals and determining appropriate educational and developmental programs to further an individual's career path.